How to align procurement with business requirements

on April 4, 2023

Business requirements should inform every investment in new software and technological infrastructure. You don’t launch a new project, purchase a new piece of software, or develop a new process unless it’s in response to a core business need.

But understanding exactly what that need it can be a challenge in itself. It starts with learning how to align procurement with business requirements.

Taking the time to carefully identify, analyse, and document your core business requirements can lead to a smoother procurement process with an outcome that delivers measurable results.

Reading time: 4 minutes

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Come usare Trakti nel settore finanza: casi d’uso e benefici

on December 13, 2022

I casi d’uso della blockchain nel fintech stanno rivoluzionando il settore finanziario. I vantaggi della blockchain sono chiari in quanto rimuovono la barriera della velocità, dei costi; la gestione del database avviene in tempo reale, così come il monitoraggio finanziario, la gestione delle risorse e molto altro. Trakti è in grado di offrire diversi servizi, anche nel settore finanza.

Reading time: 3 minutes.

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Supplier Qualification and Onboarding: definitions and flows for a successful vendor management

on May 19, 2021

The COVID-19 pandemic is challenging procurement teams to rethink the whole Supplier Qualification and Onboarding process, with active suppliers adjusting how they work, and new suppliers bypassing the qualification process for initial onboarding to keep operation flowing. 

However, the Supplier Qualification Management (SQM) is essential to mitigate all the risks connected to the onboarding process, which can seriously affect your business. That’s why in this article we are going to define what is Supplier Qualification and why you need to implement right the qualification for initial onboarding.

Reading time: 3 minutes. Photo by Piermanuele Sberni on Unsplash

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